Buying Advice Year differences and buying options

[tomcat00083]

So my dad and cousin each have a Mahindra and had pretty good luck and now I'm in need of buying one for myself and quit borrowing one. Been looking online and not sure if tractors are like vehicles. I found a new 2018 2555 with front end loader for like 23k from a dealer an hour away on their website. I'm sure they have 2019s but my question is, like vehicles, do they change stuff between years? I'm sure they are small differences but just wanting to know for sure before I go down there to look at them.

Also like vehicles when the tractor leaves the lot does the value go down a good bit which means a slightly used one would be more affordable option and the "new" price wears off?

Was going to make a separate post with the specific a specific question but figured I'd ask it here instead. What is the difference in the plain 2555L front end loader and the 2555CL? From the specs they look the same but assuming the 2555CL is a quick attach?

Thanks for the help in advance just wanting to do all my homework before I actually go talk to people in person.

 

[Roadworthy]

There may be minor updates from year to year. With major changes it's usually given a slightly modified model number. Value doesn't seem to go down a great deal over time with tractors, only a little at a time year by year. New may be a better value than used due to factory rebates, incentives, and financing options. Shop carefully.

 

[RNeumann]

Yep if it’s the same model number most don’t distinguish years.

Yes they lose value but it’s hard to say how much. I saw used machines that were only $1000 less than new. It doesn’t make much sense to buy used at that point. So I assume they have to go down 2-3000 to make it worth someone buying used. Then you have to factor financing. Most seem to get loans and a loan on a used tractor is more difficult than going to the dealer for “zero interest”. Then you have a limited amount of buyers. Probably 1000 cars per tractor in the USA.....that’s a total SWAG but you get the idea. All that to say that you may find a cash buyer who is stoked to save 1-2000 bucks. But I’m betting the reality is you will end up eating 3-4000 bucks by buying new. But your truck will be finding a used machine with low hours, in good shape, that meets your needs....good luck! I gave up after about 6 months and bought new.

 

[sspenst]

I do believe the CL at the end is just the "Cab Loader" version. my 2638 loader manual says the same thing, (2638L and 2638CL). think the valving and hose routing may be different from open station vs Cab... :confused3:

 

[tomcat00083]

Thanks for all the replies and I agree it is hard to beat zero interest especially when I'm not a millionaire and can't pay cash for it.

sspenst that makes sense with the cl being the cab loader version I hadn't thought of that.

 

[jpm]

As you are looking make sure you get a skid steer attach loader . Almost are now but the old pin types are still out there

 

[CobyRupert]

Also consider that while there's virtually no difference between a new tractor and (say) a used tractor with 50, 100, 200, whatever hours, ("only used by a little old lady on Sundays to plow the driveway so she could go to church");
that while the hour meter on the tractor hasn't turned much, the hour meter on the warranty has continued to turn.
This has value.

 

[TractorNH]

In most brands the "zero interest" is not without a cost. They all play games with their pricing and typically factor in the interest charge so it's really just prepaid interest. Depending on the value of the tractor you're buying this can be several thousand dollars added to the price. You can see what the cost of it is when you get a quote and they should give you three different options...a "zero interest", a low rate interest, and a cash price. If you are looking to finance then in some cases you can save money by taking the "cash" price and financing through your local bank or credit union.

 

[JerryK]

My take is also that the loaders are the same. The non-cab'd 2555 has it's hyd control mounted to the right of the steering wheel. Whilst the 2555 cab version has the hyd control stick mounted on the right side of the floor. So at least the hoses would have to be longer on the cab'd version. I believe both are quick attach. I for one, would make sure before I bought it. QA is the way to go. I have a 2555CL, but it is seldom on the tractor.